RIV Capital and Cansortium Receive New York State Cannabis Control Board Approval for Change of Control

Transaction expected to close in the fourth quarter of 2024 

TORONTO, Oct. 10, 2024 /CNW/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CNSX:RIV.CN) (OTC:CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform, and Cansortium Inc. (CNSX:TIUM-U.CN) (OTC-BB:CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT^™ brand,  today announced that they have received New York Cannabis Control Board  approval for their previously announced business combination (the "Business Combination").